# GREENSTATE Credit Union

> **Canonical URL:** https://saferate.com/lenders/greenstate-credit-union


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


GREENSTATE Credit Union is a credit union, headquartered in North Liberty, IA, serving borrowers nationwide, with 7,061 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 11% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 16% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300W4FT4H1UWPGU95
- **Headquarters:** North Liberty, IA
- **Geographic Reach:** National
- **States Served:** 44
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, VA, WA, WI, WY
- **Markets (MSAs):** 19
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 89/100
- Rating: ●●●●● (5/5)

### Pull Through: Exceptional 🤩
- Score: 84/100
- Rating: ●●●●● (5/5)

### Pricing Details
- **Average Rate Spread:** -0.157%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $609
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 7,061
- **Dollar Volume:** $1.9 billion
- **Applications Received:** 9,013
- **Market Share:** 20.00%

## Typical Borrower Profile

- **Average Loan Amount:** $264,186
- **Average Borrower Income:** $134,175
- **Average Property Value:** $357,198

## Safe Rate Awards 🏆

- 💎 **Conventional Diamond Champion** (90%)
- 💎 **FHA Diamond Champion** (90%)
- 💎 **VA Diamond Champion** (90%)
- 💎 **Purchase Diamond Champion** (84%)
- 💎 **Refinance Diamond Champion** (84%)
- ⭐ **Jumbo Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 90/100 | 6,312 | -0.155% | $622 | Exceptional 🤩 |
| FHA | 81/100 | 454 | +0.074% | $514 | Exceptional 🤩 |
| VA | 81/100 | 223 | -0.711% | $500 | Exceptional 🤩 |
| Jumbo | 73/100 | 53 | +0.109% | $223 | Strong 😀 |
| USDA | 75/100 | 19 | -0.291% | $597 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 5,238 loans, Score: 90/100 (Exceptional)
- Refinance: 1,074 loans, Score: 87/100 (Exceptional)

**FHA:**
- Purchase: 430 loans, Score: 82/100 (Exceptional)
- Refinance: 24 loans, Score: 71/100 (Strong)

**VA:**
- Purchase: 207 loans, Score: 80/100 (Exceptional)

**Jumbo:**
- Purchase: 43 loans, Score: 74/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 89/100 | 5,937 | $1.5B | -0.157% | Exceptional 🤩 |
| Refinance | 86/100 | 1,124 | $338M | -0.153% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IA | 4,661 | 13.17% | 100/100 |
| IL | 2,002 | 1.60% | 91/100 |
| WI | 74 | 0.11% | 56/100 |
| CO | 39 | 0.05% | 48/100 |
| FL | 38 | 0.01% | 42/100 |
| MN | 26 | 0.04% | 45/100 |
| MI | 25 | 0.02% | 43/100 |
| MO | 22 | 0.03% | 43/100 |
| IN | 21 | 0.02% | 42/100 |
| AZ | 16 | 0.02% | 39/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Des Moines | IA | 1,317 | 100/100 |
| Cedar Rapids, IA | IA | 953 | 100/100 |
| Non |  | 836 | 74/100 |
| Chicago | IL | 826 | 83/100 |
| Iowa City, IA | IA | 738 | 97/100 |
| Davenport | IA-IL | 503 | 95/100 |
| Rockford, IL | IL | 503 | 100/100 |
| Waterloo | IA | 435 | 89/100 |
| Elgin, IL | IL | 222 | 86/100 |
| Dubuque, IA | IA | 184 | 83/100 |
| Lake County, IL | IL | 125 | 81/100 |
| Ames, IA | IA | 69 | 74/100 |
| Denver | CO | 33 | 49/100 |
| Minneapolis | MN-WI | 23 | 45/100 |
| Janesville | WI | 13 | 44/100 |

## Where This Lender Ranks

GREENSTATE Credit Union appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Iowa
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders)
- 🥇 **#1** in Iowa Credit Unions
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in Iowa for Conventional Loans
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Iowa for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Iowa for FHA Loans
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Iowa for VA Loans
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/va-loans)
- 🥇 **#1** in Iowa for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/iowa/best-mortgage-lenders/credit-unions/va-loans)
- 🥇 **#1** in Illinois
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders)
- 🥇 **#1** in Illinois Credit Unions
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in Illinois for Conventional Loans
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Illinois for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Illinois for FHA Loans
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Illinois for VA Loans
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders/va-loans)
- 🥇 **#1** in Illinois for VA Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/illinois/best-mortgage-lenders/credit-unions/va-loans)
- 🥇 **#1** in Des Moines
  - [View Full Rankings](https://saferate.com/des-moines/best-mortgage-lenders)
- 🥇 **#1** in Des Moines Credit Unions
  - [View Full Rankings](https://saferate.com/des-moines/best-mortgage-lenders/credit-unions)
- 🥇 **#1** in Des Moines for Conventional Loans
  - [View Full Rankings](https://saferate.com/des-moines/best-mortgage-lenders/conventional-loans)
- 🥇 **#1** in Des Moines for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/des-moines/best-mortgage-lenders/credit-unions/conventional-loans)
- 🥇 **#1** in Des Moines for FHA Loans
  - [View Full Rankings](https://saferate.com/des-moines/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Des Moines for VA Loans
  - [View Full Rankings](https://saferate.com/des-moines/best-mortgage-lenders/va-loans)

## Frequently Asked Questions

### What loan types does GREENSTATE Credit Union offer?

GREENSTATE Credit Union offers the following mortgage loan types: FHA, Conventional, VA, Jumbo, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does GREENSTATE Credit Union offer mortgages?

GREENSTATE Credit Union is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are GREENSTATE Credit Union's mortgage rates?

GREENSTATE Credit Union has a pricing score of 89/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.157% below market average.

### What type of lender is GREENSTATE Credit Union?

GREENSTATE Credit Union is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in North Liberty, IA.

### What is GREENSTATE Credit Union's loan approval success rate?

GREENSTATE Credit Union has a pull-through score of 84/100 (Exceptional). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/greenstate-credit-union

### How to Cite

> "GREENSTATE Credit Union Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/greenstate-credit-union

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